Twitter Turns Its First Profit Ever, But Bigger Problems RemainTwitter beat Wall Street's cautious expectations with its first quarterly profit in history, but that isn't going to solve the company's broader problems any time soon.
Snap Earnings Post Higher Than Expected Revenue, User GrowthThe company's shares, which have nearly halved in the past year, rose more than 20 percent in after-hours trading to $16.95.
News Now: Dallas Traffic, Wall Street, Falcon HeavyHate traffic? A new analysis found Dallas to be the 10th most congested city in the nation. We're also checking in with Wall Street and the Falcon Heavy rocket.
Stock Drop Rattles Investors After Long Market Run-UpThe 1,175-point drop in the Dow Jones industrial average Monday — about 4.6 percent of its value — capped two days of losses that have erased the stock market's gains for the year.
Exxon Mobil Reports $8.38 Billion Profit, But Misses Wall Street ForecastsExxon Mobil on Friday reported fourth-quarter profit of $8.38 billion. The Irving company said that it had profit of $1.97 per share. The results missed Wall Street expectations.
American Airlines Tops Wall Street's 4Q ForecastsAmerican Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue.
Dow Jones Has First Close Above 26,000 PointsStocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.
Federal Regulator Gives OK For Bitcoin Futures To TradeThe CME Group, which owns the Chicago Mercantile Exchange, will start trading bitcoin futures Dec. 18, the company said.
Snapchat And Twitter Adopting New Looks To Gain More UsersA pair of struggling social-media darlings have decided they need to take on new looks if they want to prosper. Twitter is rolling out a 280-character limit for nearly all its users and Snapchat will undergo a revamp to make itself easier to use.
Dallas-Based Tenet Healthcare To Slash 1,300 JobsTenet Healthcare plans to cut 1,300 jobs, more than 1 percent of its workforce, in an attempt to cut costs as it reported a quarterly loss of $367 million.
JCPenney Shares Tumble After Weak Profit OutlookJ.C. Penney is issuing a weak profit forecast as it accelerated its move to slash prices on goods to clear out inventory. Shares are tumbling more than 25-percent in premarket trading.
Exxon's 3Q Profit Jumps 50 Percent, Beating ForecastsBuoyed by higher oil prices, Exxon Mobil reported Friday that third-quarter profit jumped 50 percent from a year ago to nearly $4 billion.